Investment Reports
Get to know the rationale behind great ideas for you to make sound long term investment decisions.
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Daily Fundamental View:22 September 2023
Daily Fundamental View:22 September 202322 Sep 2023
Asian markets are trading mixed as investors await the Bank of Japan’s rate decision during the day. Nikkei is trading lower by 0.87% while Hang Seng and Shanghai are trading higher by 0.71% and 0.61% respectively. -
Daily Fundamental View:21 September 2023
Daily Fundamental View:21 September 202321 Sep 2023
Asian markets are trading lower after the Federal Reserve indicated that the interest rates will remain higher for longer and investors watch out for central bank decisions from the Philippines, Indonesia, and the UK in the day ahead. Nikkei, Hangseng, and Shanghai are trading lower by 1.06%, 1.10%, -
Axis Annual Analysis:PNC Infratech
Axis Annual Analysis:PNC Infratech20 Sep 2023
Stocks covered (1)
We maintain a BUY rating on PNCIL and value its EPC business at 11.5x FY25E EPS and HAM portfolio at 1x book value to arrive at a target price of Rs435/share, implying an upside of 18% from the CMP. -
Daily Fundamental View:20 September2023
Daily Fundamental View:20 September202320 Sep 2023
Most Asian markets witnessed declines after China left its one-year and five-year loan prime rates unchanged and investors awaited the rate decision from the US Federal Reserve during the day ahead. Nikkei, Hangseng, and Shanghai are trading lower by 0.36%, 0.48% and 0.35% respectively. -
Daily Fundamental View:18 September 2023
Daily Fundamental View:18 September 202318 Sep 2023
Asian markets are trading mixed as investors watch out for central bank decisions from the US and Japan during the week. While Nikkei is trading higher by 1.1%, Hangseng is trading lower by 0.69%. Shanghai is trading higher by 0.17%. -
Company Update:Tata Steel
Company Update:Tata Steel18 Sep 2023
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Pick of the Week:18 SEP 2023
Pick of the Week:18 SEP 202318 Sep 2023
Stocks covered (1)
We recommend a BUY rating on the stock with a revised target price of Rs 545/share (upgrade from Rs 515/sh), implying an upside of 10% from the CMP. -
Axis Annual Analysis:Star Cement
Axis Annual Analysis:Star Cement15 Sep 2023
Stocks covered (1)
we maintain our BUY rating on the stock with a target price of Rs 185 per share, implying an upside potential of 19% from the current market price. -
Company Update:Ashok Leyland
Company Update:Ashok Leyland15 Sep 2023
Stocks covered (1)
We maintain our BUY rating on the stock with the TP of Rs 210/share, valuing the stock at 19x Jun’25E EPS (unchanged), implying an upside of 17% from the CMP.